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In Rare Speech, Jack Ma Pushes For AI, Sees Its Use In Future For Ant Group
Alibaba co-founder Jack Ma voiced confidence in its affiliate Ant Group's future, seeing significant opportunities in artificial intelligence for the fintech giant, at a rare public appearance since China halted its planned IPO in 2020.
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SoftBank, Ant Group to Sell Paytm Stakes via Block Deal After Failed Talks With Bharti Airtel Founder: Report
Ant Group and SoftBank are discussing selling their stakes in Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported. Shareholders and investment banks representing Ant and Softbank had earlier approached Bharti Airtel founder-chairman Sunil Mittal with an offer to sell their stakes in One 97 Communicat...
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Beijing Gives Initial Nod To Revive Ant IPO After Crackdown Cools: Report
China's central leadership has given billionaire Jack Ma's Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said.
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Paytm Shares Priced at Rs. 2,150, at Top of Range, in Rs. 18,300-Crore IPO
Paytm has priced its shares at Rs. 2,150 rupees each, the top of its price range, in its Rs. 18,300-Crore initial public offering (IPO), a prospectus showed.
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Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day, Garners Bids for 23.5 Million Shares So Far
Paytm's IPO of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period, receiving bids for 23.5 million shares, stock exchange data showed.
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Paytm Kicks Off India’s Biggest-Ever IPO
Paytm looks to raise nearly $2.5 billion (roughly Rs. 18,527 crore) via India’s biggest-ever initial public offering IPO. Investors can now subscribe for Paytm shares before the company is listed on the stock exchange.
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Paytm Allocates Shares Worth Rs. 8,235 Crore, Signs Up Over 100 Institutional Investors for IPO
Paytm said it has allocated shares worth Rs. 8,235 crore to more than 100 institutional investors, including the government of Singapore, ahead of what is expected to be India's largest stock market listing.
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Jack Ma's Terrible Year Ends With Uncertainty Over Ant Group's Record IPO
Jack Ma, founder of Ant Group, finds himself in a situation where the registration for Ant's $35 billion initial public offering is set to officially expire Wednesday after China snuffed out the biggest IPO in history.
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Paytm Said to Eye IPO by End of October, Hopes to Break Even in 18 Months
Paytm expects to launch its IPO at around the end of October, pending regulatory approvals, a source familiar with the matter said.
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Zomato IPO: Investors Lap Up Stock Offering With Bids of $46 Billion, Got Oversubscribed 38 Times in a Day
Zomato stock offering drew bids worth $46.3 billion (roughly Rs. 3,46,845 crores) as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector.
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Paytm Files Draft Papers for $2.2 Billion IPO
Paytm, backed by SoftBank, has filed for an initial public offering (IPO) of up to $2.23 billion (roughly Rs. 16,640 crores), draft papers submitted to the country's market regulator showed on Friday.
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China's Ant Group CEO Departs Amid Regulatory-Driven Revamp
China's Ant Group Chief Executive Officer Simon Hu has stepped down from his role, the company said on Friday, as the fintech giant is being pushed by regulators to revamp operations after its failed $37 billion initial public offering (IPO).
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Believe Jack Ma Is "Safe and Sound," Says Equity Firm CEO
The chairman of private equity firm Primavera Group, which counts China's Ant Group among its portfolio companies, believes the financial technology giant's founder Jack Ma is "safe and sound", and said that he remains optimistic about the company.
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Alibaba’s Ant Group IPO Said to Be Halted by Chinese President Xi Jinping: Report
China's President Xi Jinping personally decided to pull the plug on Ant Group's $37-billion (roughly Rs. 2,76,200 crores) IPO, the Wall Street Journal reported, citing Chinese officials with the knowledge of the matter.
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Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
-
In Rare Speech, Jack Ma Pushes For AI, Sees Its Use In Future For Ant Group
Alibaba co-founder Jack Ma voiced confidence in its affiliate Ant Group's future, seeing significant opportunities in artificial intelligence for the fintech giant, at a rare public appearance since China halted its planned IPO in 2020.
-
SoftBank, Ant Group to Sell Paytm Stakes via Block Deal After Failed Talks With Bharti Airtel Founder: Report
Ant Group and SoftBank are discussing selling their stakes in Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported. Shareholders and investment banks representing Ant and Softbank had earlier approached Bharti Airtel founder-chairman Sunil Mittal with an offer to sell their stakes in One 97 Communicat...
-
Beijing Gives Initial Nod To Revive Ant IPO After Crackdown Cools: Report
China's central leadership has given billionaire Jack Ma's Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said.
-
Paytm Shares Priced at Rs. 2,150, at Top of Range, in Rs. 18,300-Crore IPO
Paytm has priced its shares at Rs. 2,150 rupees each, the top of its price range, in its Rs. 18,300-Crore initial public offering (IPO), a prospectus showed.
-
Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day, Garners Bids for 23.5 Million Shares So Far
Paytm's IPO of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period, receiving bids for 23.5 million shares, stock exchange data showed.
-
Paytm Kicks Off India’s Biggest-Ever IPO
Paytm looks to raise nearly $2.5 billion (roughly Rs. 18,527 crore) via India’s biggest-ever initial public offering IPO. Investors can now subscribe for Paytm shares before the company is listed on the stock exchange.
-
Paytm Allocates Shares Worth Rs. 8,235 Crore, Signs Up Over 100 Institutional Investors for IPO
Paytm said it has allocated shares worth Rs. 8,235 crore to more than 100 institutional investors, including the government of Singapore, ahead of what is expected to be India's largest stock market listing.
-
Jack Ma's Terrible Year Ends With Uncertainty Over Ant Group's Record IPO
Jack Ma, founder of Ant Group, finds himself in a situation where the registration for Ant's $35 billion initial public offering is set to officially expire Wednesday after China snuffed out the biggest IPO in history.
-
Paytm Said to Eye IPO by End of October, Hopes to Break Even in 18 Months
Paytm expects to launch its IPO at around the end of October, pending regulatory approvals, a source familiar with the matter said.
-
Zomato IPO: Investors Lap Up Stock Offering With Bids of $46 Billion, Got Oversubscribed 38 Times in a Day
Zomato stock offering drew bids worth $46.3 billion (roughly Rs. 3,46,845 crores) as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector.
-
Paytm Files Draft Papers for $2.2 Billion IPO
Paytm, backed by SoftBank, has filed for an initial public offering (IPO) of up to $2.23 billion (roughly Rs. 16,640 crores), draft papers submitted to the country's market regulator showed on Friday.
-
China's Ant Group CEO Departs Amid Regulatory-Driven Revamp
China's Ant Group Chief Executive Officer Simon Hu has stepped down from his role, the company said on Friday, as the fintech giant is being pushed by regulators to revamp operations after its failed $37 billion initial public offering (IPO).
-
Believe Jack Ma Is "Safe and Sound," Says Equity Firm CEO
The chairman of private equity firm Primavera Group, which counts China's Ant Group among its portfolio companies, believes the financial technology giant's founder Jack Ma is "safe and sound", and said that he remains optimistic about the company.
-
Alibaba’s Ant Group IPO Said to Be Halted by Chinese President Xi Jinping: Report
China's President Xi Jinping personally decided to pull the plug on Ant Group's $37-billion (roughly Rs. 2,76,200 crores) IPO, the Wall Street Journal reported, citing Chinese officials with the knowledge of the matter.
-
Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
